SA Express ordered to enter business rescue
The South Gauteng High Court has ordered state-owned airline SA Express be placed under business rescue.
The ruling comes after logistics company Ziegler filed an urgent court application, in an effort to recover around R11.3 million it says the...
SA Express losing R1 million of taxpayer money every day
SA Express is losing more than R1 million every day due to aircraft sitting idle in hangars, the City Press reports.
Sources close to SA Express management told the City Press that the company has paid R150 million to lease 21 aircraft...